I wonder if Red Lobster has a viable future with the right leadership? Can it reinvent itself to stay solvent even during what appears to be an imminent economy downturn?
That will be the key. Is there mo ney to be made, for example, if they offered an all-you-can-eat fried pollock special regularly? Does Red Lobster suffer from dine and dash thieves? Catholic churches near me do well offering weekly Lenten fish fry dinners of Walleye, fresh lake perch, and whitefish and some fast food chains like Culvers, etc also offer dinners and sandwich baskets during Lent holiday. Could this become an all year thing at Red Lobster?
I think it will take equal parts of being better at basics and fundamentals and some reinvention of the Red Lobster dining experience.